Chevrolet Colorado LT 2WD Insurance Rates

Average insurance rates for a Chevrolet Colorado LT 2WD are $1,198 a year for full coverage insurance. Comprehensive insurance costs an estimated $230, collision insurance costs $446, and liability costs $364. Just liability insurance costs as little as $430 a year, and coverage for high-risk drivers costs $2,588 or more. Teenage drivers receive the highest rates at up to $4,552 a year.

Annual premium for full coverage: $1,198

Rate estimates broken down by type of insurance:

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Chevrolet Colorado Trim Level

These differences illustrate why anyone shopping for car insurance should compare rates for a targeted area and risk profile, instead of making a decision based on average rates.

Use the form below to get rates for your location.

Insurance prices for a Chevrolet Colorado LT 2WD can also vary considerably based on your driver profile, the model year, and liability limits and deductibles.

An older driver with no violations or accidents and high deductibles may pay as low as $1,100 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay at least $4,500 a year. View Rates by Age

Where you live makes a big difference in Chevrolet Colorado LT 2WD insurance prices. A 40-year-old driver could pay as low as $1,180 a year in states like , , and North Carolina, or be forced to pay as much as $1,800 on average in California, Montana, and Michigan. Rates by state and city are shown later in the article.

Using high physical damage deductibles could save up to $450 annually, while increasing your policy's liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $327 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying $1,400 to $2,000 additional per year, depending on your age. High-risk driver insurance can cost from 44% to 130% more than a normal policy. View High Risk Driver Rates

With so much variability in rates, the only way to figure out who has the best car insurance rates is to compare rates from multiple companies. Every company uses a different method to calculate rates, and rates can be significantly different from one company to the next.

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The chart estimates Chevrolet Colorado LT 2WD insurance rates for various risk profiles and scenarios. The cheapest discount rate is $697. Drivers who use higher $1,000 deductibles will pay around $1,044. The average rate for a driver around age 40 using $500 deductibles is $1,198. Using more expensive $100 deductibles for physical damage coverage can cost as much as $1,494. Drivers with multiple violations and accidents could be charged as much as $2,588. The price for full coverage for a teenage driver is $4,552.

View Chart as Image